The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDC..L Share News (DC.)

  • There is currently no data for DC.

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Dixons Carphone To Cut 800 Jobs In Store Management Overhaul

Tue, 04th Aug 2020 12:17

(Alliance News) - Technology products retailer Dixons Carphone PLC on Tuesday said it will axe 800 jobs as part of a plan to streamline and create a "flatter management" structure for its stores.

The owner of Currys PC World chain of stores said its new store roles and management structure is designed to improve customer experience and will result in clearer accountability for store managers.

Dixons Carphone plans to introduce new sales manager, customer experience manager and operational excellence manager roles to stores, while removing the retail manager, assistant manager and team leader roles.

Dixons Carphone Chief Operating Officer Mark Allsop said: “We remain committed to our stores as part of an omnichannel future, where we offer the best of online and stores to our customers. As part of this we want to empower our store leadership teams, create a flatter management structure and make it easy for our customers to shop with us, however they choose. This proposal will ensure in-store roles are focused on giving a seamless customer experience and exceptional service across all our customer channels, whether online or in-store.

"Sadly, this proposal means we have now entered into consultation with some of our store colleagues. This was not an easy decision and we'll do everything possible to look after those colleagues we can’t find new roles for, financially and otherwise."

Shares in FTSE 250-listed Dixons Carphone were up 3.8% at 77.30 pence each in London on Tuesday afternoon.

By Tapan Panchal; tapanpanchal@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
17 Dec 2020 09:48

UK BROKER RATINGS SUMMARY: BofA Rates Rotork Buy, Weir Underperform

UK BROKER RATINGS SUMMARY: BofA Rates Rotork Buy, Weir Underperform

Read more
16 Dec 2020 17:01

LONDON MARKET CLOSE: Stocks Buoyed By US Stimulus And Brexit Hopes

LONDON MARKET CLOSE: Stocks Buoyed By US Stimulus And Brexit Hopes

Read more
16 Dec 2020 14:02

Liberum lifts Dixons Carphone price target after results

(Sharecast News) - Liberum lifted its price target on Dixons Carphone on Wednesday to 175p from 150p following the company's first-half results, reiterating its 'buy' rating.

Read more
16 Dec 2020 11:59

LONDON MARKET MIDDAY: Brexit And US Stimulus Optimism Drive Rally

LONDON MARKET MIDDAY: Brexit And US Stimulus Optimism Drive Rally

Read more
16 Dec 2020 10:56

TOP NEWS: Dixons Swings To Profit As Online Makes Up For Closed Stores

TOP NEWS: Dixons Swings To Profit As Online Makes Up For Closed Stores

Read more
16 Dec 2020 10:36

UK WINNERS & LOSERS SUMMARY: Dixons Rallies Amid Swing To Profit

UK WINNERS & LOSERS SUMMARY: Dixons Rallies Amid Swing To Profit

Read more
16 Dec 2020 08:40

LONDON MARKET OPEN: Strong Start Ahead Of PMIs And US Fed Decision

LONDON MARKET OPEN: Strong Start Ahead Of PMIs And US Fed Decision

Read more
16 Dec 2020 07:42

LONDON MARKET PRE-OPEN: Online Sales Drive Dixons To Interim Profit

LONDON MARKET PRE-OPEN: Online Sales Drive Dixons To Interim Profit

Read more
9 Dec 2020 16:02

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
20 Nov 2020 17:00

LONDON MARKET CLOSE: Small Gains For FTSE As Indecision Grips Market

LONDON MARKET CLOSE: Small Gains For FTSE As Indecision Grips Market

Read more
20 Nov 2020 12:19

LONDON MARKET MIDDAY: Retailers Get Early Festive Boost From UK Data

LONDON MARKET MIDDAY: Retailers Get Early Festive Boost From UK Data

Read more
20 Nov 2020 09:35

UK BROKER RATINGS SUMMARY: Citigroup Lifts Croda To Buy From Neutral

UK BROKER RATINGS SUMMARY: Citigroup Lifts Croda To Buy From Neutral

Read more
21 Oct 2020 09:33

UK BROKER RATINGS SUMMARY: StanChart Raised; Jefferies Says Buy Metro

UK BROKER RATINGS SUMMARY: StanChart Raised; Jefferies Says Buy Metro

Read more
16 Oct 2020 10:49

UK WINNERS & LOSERS SUMMARY: Rolls-Royce Up After Boeing Jet Backed

UK WINNERS & LOSERS SUMMARY: Rolls-Royce Up After Boeing Jet Backed

Read more
16 Oct 2020 09:45

UK BROKER RATINGS SUMMARY: RBC Raises JD Sports And Dixons Carphone

UK BROKER RATINGS SUMMARY: RBC Raises JD Sports And Dixons Carphone

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.